Home/Countries/Greece/R&D Spending (% of GDP)

GreeceR&D Spending (% of GDP)

Category: TechnologySource: World Bank World Development IndicatorsGlobal Rank: #30 of 114Updated July 2026
Latest Value
1.49%
2022
YoY Change
+1.9%
20212022
Global Rank
#30
of 114 countries
Maximum
1.51%
2020
Minimum
0.53%
2004
CAGR
+4.8%
21 years
Last
1.49%
Previous
1.46%
Highest
1.51%
Lowest
0.53%
Source
World Bank World Development Indicators

Greece's R&D spending (% of GDP) was 1.49% in 2022, ranking #30 out of 114 countries. This represents a +1.9% change from 2021. Over the past 21 years, the highest recorded value was 1.51% (2020) and the lowest was 0.53% (2004). Data sourced from the World Bank World Development Indicators.

Source: World Bank World Development Indicators

Historical Data

YearValueChange
20221.49%+1.9%
20211.46%-3.6%
20201.51%+18.5%
20191.27%+5.0%
20181.21%+5.3%
20171.15%+14.6%
20161.01%+4.1%
20150.97%+15.0%
20140.84%+3.1%
20130.81%+14.7%
20120.71%+3.8%
20110.68%+13.4%
20100.60%-3.5%
20090.63%-5.5%
20080.66%+14.8%
20070.58%+2.7%
20060.56%-3.1%
20050.58%+9.8%
20040.53%-3.5%
20030.55%-2.3%
20010.56%

Top Countries — R&D Spending (% of GDP)

#CountryValueYear
1Israel6.35%2023
2Liechtenstein6.01%2023
3Korea, Rep.4.94%2023
4Sweden3.60%2023
5United States3.45%2023
6Japan3.44%2023
7Belgium3.27%2023
8Austria3.26%2023
9Switzerland3.22%2023
10Germany3.15%2023
View all 114 countries →

About This Indicator

Definition

Gross domestic expenditures on research and development (R&D), expressed as a percent of GDP. They include both capital and current expenditures in the four main sectors: Business enterprise, Government, Higher education and Private non-profit. R&D covers basic research, applied research, and experimental development.

Methodology

Data compiled by Stat Bulk Data Download Service, UN Educational, Scientific and Cultural Organization (UNESCO), uri: https://databrowser.uis.unesco.org/resources/bulk, publisher: UNESCO Institute for Statistics (UIS), date accessed: 2025-03-26, date published: 2025-02.

Source: World Bank - World Development IndicatorsCoverage: 20002023View original source →